Basic Attention Token Analysis

2020년 5월 14일

Today we're looking at one of my favourite tokens and one I've used for a long time (yes a crypto with a working use case!).

The Basic Attention Token (BAT)

Weekly Analysis

We are in a long term downtrend still, however since the crash in March, BAT has started this upward channel which is great news. As more and more users of the Brave Browser are starting to appear.

Brave has implemented ads into new tab pages, which means more BAT to circulate around.

Long term resistance would be $0.28

Daily Analysis

There is a long term daily support at about $0.175 - $0.18.




We are also above the 200MA (orange line) so we need to stay above this to continue the rally.

tradingview.com/x/cmBTxjCM/

Daily MACD


Fibs

Here is a fib retracement and extension of the pump a couple of days ago


Retracement since march


Trade idea
Here is the trade I'm looking to take. Longing.

2020년 5월 15일

노트

POOMP IT